{"id":813,"date":"2021-11-24T12:02:14","date_gmt":"2021-11-24T12:02:14","guid":{"rendered":"https:\/\/www.newsmakers.com.pk\/en\/?p=813"},"modified":"2021-11-24T12:12:39","modified_gmt":"2021-11-24T12:12:39","slug":"sukuk-bond-portion-of-motorway-m-1-will-be-pledged","status":"publish","type":"post","link":"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/","title":{"rendered":"Sukuk Bond : Portion Of Motorway (M-1) Will Be Pledged"},"content":{"rendered":"\n

Web Desk — In accordance with the IMF staff-level agreement, the government has decided to issue an Islamic Sukuk Bond to earn $1bn by pledging a portion of Motorway (M1).<\/p>\n\n\n\n

The News quoted an official as saying that the Ministry of Finance was seeking a No Objection Certificate (NOC) from relevant quarters and that it was expected that Sukuk Bonds for around $1 billion would be issued next week, probably on Monday.<\/p>\n\n\n\n

It has now been decided that the fresh Sukuk Bonds would be launched shortly after striking a staff-level agreement with the IMF in the hopes of getting a ‘favorable’ deal in the form of competitive mark-ups on offered amounts from potential investors.<\/p>\n\n\n\n

\u201cDigital Dera\u201d Launched in Pakistan<\/a><\/p>\n\n\n\n

As part of the Sukuk Bond launch, the government has decided to pledge the M-1 portion from Islamabad to Chakwal as an asset back guarantee.<\/p>\n\n\n\n

To launch the Sukuk Bond, the Ministry of Finance already had a No Objection Certificate (NOC) from the Ministry of Aviation and the Ministry of Communications related to airports and portions of motorways.<\/p>\n\n\n\n

An approval has already been granted by the federal cabinet to issue international bonds for a period of 12 months.<\/p>\n\n\n\n

SBP clarifies inflation forecast ambiguities<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Web Desk — In accordance with the IMF staff-level agreement, the government has decided to issue an Islamic Sukuk Bond to earn $1bn by pledging a portion of Motorway (M1). The News quoted an official as saying that the Ministry of Finance was seeking a No Objection Certificate (NOC) from relevant quarters and that it …<\/p>\n","protected":false},"author":1,"featured_media":814,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[14],"class_list":["post-813","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","tag-sukukbond-motorway-m1"],"yoast_head":"\nSukuk Bond : A Portion Of Motorway (M-1) Will Be Pledged<\/title>\n<meta name=\"description\" content=\"The government has decided to issue an Islamic Sukuk Bond to earn $1bn by pledging a portion of Motorway (M1) to earn $1 billion.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sukuk Bond : A Portion Of Motorway (M-1) Will Be Pledged\" \/>\n<meta property=\"og:description\" content=\"The government has decided to issue an Islamic Sukuk Bond to earn $1bn by pledging a portion of Motorway (M1) to earn $1 billion.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsMakers-Daily Latest Urdu Breaking News Updates\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-24T12:02:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-24T12:12:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/11\/Sukuk-Islamic-bond.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"xaibi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"xaibi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/\"},\"author\":{\"name\":\"xaibi\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/a5a5dbc67a265a2468c183451fea1ad1\"},\"headline\":\"Sukuk Bond : Portion Of Motorway (M-1) Will Be Pledged\",\"datePublished\":\"2021-11-24T12:02:14+00:00\",\"dateModified\":\"2021-11-24T12:12:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/\"},\"wordCount\":209,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/11\/Sukuk-Islamic-bond.jpg\",\"keywords\":[\"#Sukukbond #Motorway #M1\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/\",\"url\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/\",\"name\":\"Sukuk Bond : A Portion Of Motorway (M-1) Will Be Pledged\",\"isPartOf\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/11\/Sukuk-Islamic-bond.jpg\",\"datePublished\":\"2021-11-24T12:02:14+00:00\",\"dateModified\":\"2021-11-24T12:12:39+00:00\",\"author\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/a5a5dbc67a265a2468c183451fea1ad1\"},\"description\":\"The government has decided to issue an Islamic Sukuk Bond to earn $1bn by pledging a portion of Motorway (M1) to earn $1 billion.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#primaryimage\",\"url\":\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/11\/Sukuk-Islamic-bond.jpg\",\"contentUrl\":\"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/11\/Sukuk-Islamic-bond.jpg\",\"width\":700,\"height\":350,\"caption\":\"Sukuk bond Issued\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.newsmakers.com.pk\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sukuk Bond : Portion Of Motorway (M-1) Will Be Pledged\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#website\",\"url\":\"https:\/\/www.newsmakers.com.pk\/en\/\",\"name\":\"NewsMakers-Daily Latest Urdu Breaking News Updates\",\"description\":\"We Make Better News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.newsmakers.com.pk\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/a5a5dbc67a265a2468c183451fea1ad1\",\"name\":\"xaibi\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e3ce6fce3bb0cef4ab2209a0d0d12821788c37ec6dbd8d0e243052821e76ba13?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e3ce6fce3bb0cef4ab2209a0d0d12821788c37ec6dbd8d0e243052821e76ba13?s=96&d=mm&r=g\",\"caption\":\"xaibi\"},\"sameAs\":[\"http:\/\/newsmakers.com.pk\/en\"],\"url\":\"https:\/\/www.newsmakers.com.pk\/en\/author\/xaibi\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Sukuk Bond : A Portion Of Motorway (M-1) Will Be Pledged","description":"The government has decided to issue an Islamic Sukuk Bond to earn $1bn by pledging a portion of Motorway (M1) to earn $1 billion.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/","og_locale":"en_US","og_type":"article","og_title":"Sukuk Bond : A Portion Of Motorway (M-1) Will Be Pledged","og_description":"The government has decided to issue an Islamic Sukuk Bond to earn $1bn by pledging a portion of Motorway (M1) to earn $1 billion.","og_url":"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/","og_site_name":"NewsMakers-Daily Latest Urdu Breaking News Updates","article_published_time":"2021-11-24T12:02:14+00:00","article_modified_time":"2021-11-24T12:12:39+00:00","og_image":[{"width":700,"height":350,"url":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/11\/Sukuk-Islamic-bond.jpg","type":"image\/jpeg"}],"author":"xaibi","twitter_card":"summary_large_image","twitter_misc":{"Written by":"xaibi","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#article","isPartOf":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/"},"author":{"name":"xaibi","@id":"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/a5a5dbc67a265a2468c183451fea1ad1"},"headline":"Sukuk Bond : Portion Of Motorway (M-1) Will Be Pledged","datePublished":"2021-11-24T12:02:14+00:00","dateModified":"2021-11-24T12:12:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/"},"wordCount":209,"commentCount":0,"image":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#primaryimage"},"thumbnailUrl":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/11\/Sukuk-Islamic-bond.jpg","keywords":["#Sukukbond #Motorway #M1"],"articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/","url":"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/","name":"Sukuk Bond : A Portion Of Motorway (M-1) Will Be Pledged","isPartOf":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#primaryimage"},"image":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#primaryimage"},"thumbnailUrl":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/11\/Sukuk-Islamic-bond.jpg","datePublished":"2021-11-24T12:02:14+00:00","dateModified":"2021-11-24T12:12:39+00:00","author":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/a5a5dbc67a265a2468c183451fea1ad1"},"description":"The government has decided to issue an Islamic Sukuk Bond to earn $1bn by pledging a portion of Motorway (M1) to earn $1 billion.","breadcrumb":{"@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#primaryimage","url":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/11\/Sukuk-Islamic-bond.jpg","contentUrl":"https:\/\/www.newsmakers.com.pk\/en\/wp-content\/uploads\/2021\/11\/Sukuk-Islamic-bond.jpg","width":700,"height":350,"caption":"Sukuk bond Issued"},{"@type":"BreadcrumbList","@id":"https:\/\/www.newsmakers.com.pk\/en\/business\/sukuk-bond-portion-of-motorway-m-1-will-be-pledged\/813\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.newsmakers.com.pk\/en\/"},{"@type":"ListItem","position":2,"name":"Sukuk Bond : Portion Of Motorway (M-1) Will Be Pledged"}]},{"@type":"WebSite","@id":"https:\/\/www.newsmakers.com.pk\/en\/#website","url":"https:\/\/www.newsmakers.com.pk\/en\/","name":"NewsMakers-Daily Latest Urdu Breaking News Updates","description":"We Make Better News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.newsmakers.com.pk\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/a5a5dbc67a265a2468c183451fea1ad1","name":"xaibi","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.newsmakers.com.pk\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e3ce6fce3bb0cef4ab2209a0d0d12821788c37ec6dbd8d0e243052821e76ba13?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e3ce6fce3bb0cef4ab2209a0d0d12821788c37ec6dbd8d0e243052821e76ba13?s=96&d=mm&r=g","caption":"xaibi"},"sameAs":["http:\/\/newsmakers.com.pk\/en"],"url":"https:\/\/www.newsmakers.com.pk\/en\/author\/xaibi\/"}]}},"_links":{"self":[{"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/posts\/813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/comments?post=813"}],"version-history":[{"count":2,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/posts\/813\/revisions"}],"predecessor-version":[{"id":817,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/posts\/813\/revisions\/817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/media\/814"}],"wp:attachment":[{"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/media?parent=813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/categories?post=813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsmakers.com.pk\/en\/wp-json\/wp\/v2\/tags?post=813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}